Western Australia’s property market is holding its own, seemingly unperturbed by the COVID-19 pandemic gripping the country.
Amid the unprecedented impacts of coronavirus, Perth agents say it’s yet to impact the local housing market, with an influx of sales including a Dalkeith mansion that sold for $14 million last week.
Director of IQI Australia Lily…
Mainland Chinese investment in Australian real estate surged by 16% according to the latest data from the governmental Foreign Investment Review Board.
Chinese invested AU$7.1 billion in Australian residential and commercial real estate in the year 2019-20, up from $6.1 billion a year earlier. Including Hong Kong, Chinese investment totalled $9.5 billion.
“Australia depends on…
According to Knight Frank, Dubai's business hub is the latest city to experience a post-pandemic rebound in luxury home sales.
With a record burst of sales in Dubai's luxurious areas in the first five months of the year, a total of 22 properties worth more than $10 million found a buyer, the most…
New data suggests that residential property acquisition by buyers from China and other parts of Asia will rebound as the pandemic recedes.
According to Juwai IQI, a pan-Asian real estate sales and media group based in Kuala Lumpur, vaccinations and international travel are the two key factors that will assist in the rebound.
Foreign condominium…
The on-going Covid-19 pandemic has led to Chinese investors ramping up cross-border property investments as they have more money in their pockets now than they would otherwise have spent on pricey vacations.
According to Juwai IQI Group co-founder and chief executive officer Kashif Ansari, Chinese cross-border buying enquiries could increase by 20 per cent to…
Despite a new wave of Covid-19 cases in Thailand, Chinese buyers are prepared to purchase Thai properties in the second half of 2021, driven by the expectation of distributing vaccines and reopening inbound tourism.
Kashif Ansari, co-founder and chief executive of Juwai IQI Group, said Thailand remained the top destination in terms of interest among…
Rich Chinese home buyers are back.
Across China and in some of their familiar hunting grounds in Asia, wealthy buyers are snapping up luxury homes, in many cases to guard their wealth against anticipated inflation and a weakening yuan. The rush to add real estate has led to a jump in upmarket housing prices in…
Malaysia has maintained its ranking as the sixth most preferred destination in the world for Chinese property buyers for the second consecutive year.
Based on a report by Juwai IQI on top 10 Chinese buyers picks for 2019, Malaysia is more popular with Chinese buyers than the United Kingdom (7th place), Vietnam (8th place), and Singapore (11th…